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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: Boca_PETE who wrote (1143)9/24/2007 11:42:16 AM
From: sweetsueRead Replies (3) of 2121
 
Thank you, Pete...you just proved that what Brinker writes in his newsletter is not UNRELIABLE and subject to change (and cover-up) at any time.

So Pete, was Brinker telling the truth when he said that secular trends are not "relevant" in June, 2007 or was he telling the truth when he said they were "relevant" in September 2002? (And countless other times that I could quote if you like.)

September 2002, Brinker said:

"In our view the probability of a new secular bull market beginning anytime soon is essentially zero, given the fact we are only in the third year of the current secular bear megatrend.............Based on this analysis, we view the three cyclical bear market bottoms that occurred within the 1966-1982 secular bear market as most relevant to the current market experience............As subscribers know, we believe the current secular bear market began in the first quarter of year 2000. Therefore, any bear market bottoms that occur going forward for many years are expected to be cyclical bear market bottoms within an ongoing secular bear trend, as was the case within the first three bottom listed above."
………………………

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